Under a shareholder model, managers' primary obligation is to act in the best interests of:
A. Customers
B. The shareholders or owners
C. Themselves
D. Society
Answer: B
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In which of the following do written and spoken words carry the burden of shared meaning?
A. low-impact cultures B. high-context cultures C. low-context cultures D. high-impact cultures
A task-oriented member who enjoys providing the team with good technical information and data is known as a:
A) Collaborator B) Communicator C) Contributor D) Challenger
Slang is generally
a. understood by everyone. b. spoken by the masses. c. easily translated. d. used by subgroups.
Holt Products manufactures desktop computers. Management has determined that each computer has a standard labor cost of $75.00 when 5 hours of labor at a cost of $15.00 per hour are used. The static budget for the month of April showed an estimated production of 4,200 computers. During April, 4,500 computers were actually produced. The actual direct labor cost for each computer was $85.80 when
5.5 hours of labor at a cost of $15.60 per hour was used. What should be the total direct labor cost according to Holt's flexible budget for April? A) $360,360 B) $315,000 C) $337,500 D) $386,100